Craft Gains FedRAMP Certification to Enhance National Security Through Innovative Technology Partnership

Craft Secures FedRAMP Class C Certification in Joint Venture with Knox Systems

In a groundbreaking achievement, Craft, a supplier intelligence platform renowned for optimizing vendor decision-making processes, has announced its successful attainment of the Federal Risk and Authorization Management Program (FedRAMP) Class C Certification. This milestone has been realized through a strategic collaboration with Knox Systems, the largest managed federal cloud service provider. As federal agencies increasingly confront threats to national security, Craft’s innovative platform offers timely, AI-enhanced risk intelligence and ongoing monitoring capabilities, particularly crucial for departments like the Department of War (DoW).

The significance of this certification cannot be overstated. With over 40 U.S. government organizations relying on Craft's services, the platform is designed to enhance procurement and supply chain decision-making while ensuring compliance with stringent federal regulations. Craft’s AI-driven solution allows agencies to effectively scrutinize and monitor the backgrounds of companies, particularly assessing factors such as foreign ownership, control, or influence (FOCI), alongside evaluating financial stability and cybersecurity risks, both before and after contract awards.

Recent intelligence indicates that adversaries are increasingly targeting U.S. defense technologies not just through conventional attacks, but through manipulative financial tactics. They leverage investments, ownership stakes, board positions, and other financial mechanisms to influence or control critical supply chain components, posing a severe risk to national security. In light of seven new federal mandates that have emerged over the past year, agencies are under mounting pressure to enhance their vetting processes to quickly and confidently ascertain which companies they can engage with, often without the luxury of expanded staff allocations.

Despite these challenges, a significant portion of current vetting processes remains manual. Analysts typically invest weeks in research to render a defensible decision, consequently risking obsolescence as ownership and financial situations may change rapidly. Craft’s solution seeks to modernize this outdated method, replacing cumbersome spreadsheet approaches with a robust, scalable risk assessment infrastructure attuned to today’s acquisition demands. Unlike traditional risk surveys that offer oversimplified scores, Craft provides comprehensive, decision-ready intelligence that is fully auditable and aligned with federal guidelines.

Key Features of Craft’s Innovative Platform:

1. Rapid Risk Reporting: Agencies can generate analyst-ready AI risk reports in minutes that comply with federal policy frameworks, ensuring that decision-makers have access to pertinent information without delay.
2. Continuous Risk Monitoring: Craft replaces outdated static assessments with real-time background checks and customizable alerts, addressing changes in ownership, financial health, cybersecurity posture, and key regulatory actions.
3. Visibility into Subcontractors: The platform offers insights into lower-tier suppliers, delineating ultimate beneficial ownership and other critical factors that may influence risk assessments.
4. Enhanced Scalability: Departments utilizing Craft can effectively monitor thousands of companies without increasing headcount, optimizing resource allocation significantly.
5. Collaborative Workspaces: With shared workspaces and audit trails, cross-departmental teams can collaborate efficiently, minimizing redundant efforts and streamlining decision-making processes.

Ilya Levtov, Founder and CEO of Craft, emphasized the evolution of risk exposure, noting, "Adversaries seeking to undermine our national security are increasingly opting for investment tactics over conventional breaches. It's crucial that our defense agencies have rapid access to nuanced, real-time risk assessments to safeguard innovation and maintain security. This certification underscores Craft's enduring dedication to bolstering national security and enhancing our operational frameworks to deliver actionable intelligence."

The FedRAMP program itself is built to establish standardized security assessments for cloud services, enabling federal agencies to more readily adopt secure cloud solutions. Through its collaboration with Knox Systems, Craft expedited its certification process, positioning itself as an invaluable resource for federal procurement teams in a rapidly evolving threat landscape.

Irina Denisenko, CEO of Knox Systems, commented on this partnership's significance, stating, "In today’s climate, agencies need to intimately understand the companies they engage with—who owns them and their financial status—all within rigorous timelines. Craft’s FedRAMP Class C Certification empowers acquisition teams with continuous, evidence-backed insights, ensuring that the defense industrial base remains robust and responsive to emerging threats."

Agencies interested in leveraging Craft’s advanced capabilities can find further information at Craft's official site. To delve deeper into FedRAMP certification through Knox Systems, please visit Knox's website.

Conclusion

Craft's successful attainment of FedRAMP Class C Certification marks a pivotal advancement not only for the company but also for the federal agencies that depend on its technology. With enhanced risk assessment tools that prioritize security and speed, Craft is positioned to transform the way government organizations approach supplier intelligence in a time of heightened vigilance and regulatory responsibility.